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Security check issues kick off Conn. league ed. series
MERIDEN Conn. (3/22/11)--The Credit Union League of Connecticut’s 2011 Professional Education Series got off to a start with a March 9 all-day session on security, followed Wednesday by a half-day session on check issues, in Wallingford, Conn. The league’s 16-session series, spanning nine months--with a hiatus in August--provides an examination of important and essential areas to credit unions. Nearly 70 individuals from 60 credit unions attended the sessions. Also, the March 9 session included an exhibit of 10 league strategic partners and vendors that provide services to credit unions, including ATM equipment and services, insurance opportunities, marketing, and information security and technology. Speakers included Connecticut Financial Crimes Task Force Detective Mark Solomon, who explored the escalating instances of ATM skimming and fraud; Tom Nash, senior risk management analyst at American Eagle FCU and nationally recognized financial crimes investigator, who provided insight into confronting today’s instances of fraud; Michael Petrone, CUMIS/CUNA Mutual Group risk manager, who provided safety essentials during robberies; and Attorney Craig Smith, author of the online Deposit Account Guide, who reviewed regulations on dealing with checks. “With today’s rapid proliferation of ATM fraud and endless efforts of criminal attempts on all levels to defraud the public, credit unions--indeed, all financial institutions--should never let their guard down when in a position to protect their members and customers,” Solomon said. “After all, individuals put their trust in their financial institutions. They in turn are obligated to be ever vigilant in securing members’ financial assets and putting into place effective safeguards against crime. “I was happy to provide the latest examples of ATM fraud along with guidelines to preventing its success,” he added. “The law enforcement community greatly appreciates the efforts made by the Credit Union League of Connecticut to continually educate its members, as well as its efforts to advance the partnership between them and the law enforcement community.”

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